Dogs of Lordstown - FreightWaves freightwaves.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freightwaves.com Daily Mail and Mail on Sunday newspapers.
Canva
Welcome to the WHAT THE TRUCK?!? Newsletter. In this issue, PS5 delays extend into 2022, spot rates spike, who are the pipeline hackers, Nike and Postal Service settle on sneaker, and more.
Rates rocket back up
SONAR
To the moon Spot rates have shot up like “The Price Is Right” mountain climber as we’re now just a dime away from hitting a new all-time high in SONAR. The Truckstop.com dry van average continues its second consecutive week of elevation, rising 18 cents per mile this week to $3.23/mile, inclusive of fuel.
How long will they stay there? Andrew Cox reports declining tender volumes last week may be a function of the Commercial Vehicle Safety Alliance’s 72-hour safety blitz, a time when many drivers take off and shippers respond accordingly by pushing or pulling freight away from this week. Fewer drivers equals less capacity and higher rates. Now that those drivers are back behind the wheel, and since both volumes and outbound tender rejects
9 & 10 News
May 5, 2021
Since the start of the pandemic, many industries have been impacted.
Trucking and transportation workers are being left to put their health first while working on the front lines.
One truck driver from South Haven is taking notice of those struggling and is embarking on a journey to bring awareness.
More than 200 miles have been logged, and more than 2,000 miles to go.
Wayne Cragg has made it to Traverse City by bike.
“I started in South Haven, Michigan two weeks ago,” said Cragg. “Tomorrow it’ll be two weeks on the road. I got here yesterday in Traverse City, 225 miles alone getting up here.”